Astral vs Prince Pipes and Fittings: Share Price, Comparison and Key Differences
- August 10, 2026
- Posted by: Lakshit Sharma
- Category: News
Astral MCap Rs 38,686 Cr, PE 72.36x, ROE 13.18%, D/E 0.06. Prince Pipes MCap Rs 3,039 Cr, PE 29.75x, ROE 4.45%, D/E 0.09.
Astral vs Prince Pipes and Fittings is a comparison piping sector investors look up when evaluating two listed Indian CPVC pipe manufacturers. Astral Limited (formerly Astral Poly Technik) is India’s leading CPVC plumbing pipe company, having pioneered the category in India along with Lubrizol as a technical partner. Prince Pipes and Fittings is a mid-size Surat-based pipe company making CPVC, uPVC, HDPE and PPR pipes for plumbing and infrastructure.
This Astral vs Prince Pipes and Fittings article covers reach and market position, key products, latest declared results and stock valuation. The Astral vs Prince Pipes and Fittings data below is sourced from Groww and public company filings and reflects the most recently available information at the time of writing.
Astral vs Prince Pipes and Fittings: Reach and Market Position
On the Astral side of the Astral vs Prince Pipes and Fittings comparison, Astral distributes CPVC plumbing pipes, fittings, drain-waste-vent (DWV) systems and adhesives through 12,000+ distributors across India and exports. Market capitalisation is Rs 38,686 Cr.
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On the Prince Pipes and Fittings side of the Astral vs Prince Pipes and Fittings comparison, Prince Pipes distributes CPVC, uPVC, HDPE and PPR pipes through a dealer network, serving residential construction and infrastructure projects. Market capitalisation is Rs 3,039 Cr.
Astral vs Prince Pipes and Fittings: Key Products and Business Mix
In the Astral vs Prince Pipes and Fittings product comparison, Astral offers: Astral earns from CPVC pipes, HDPE pipes, adhesives and sanitary ware. EPS is Rs 19.90. PE is 72.36x, ROE 13.18 percent, D/E 0.06.
For Prince Pipes and Fittings in this Astral vs Prince Pipes and Fittings breakdown: Prince Pipes earns from CPVC, uPVC, HDPE and PPR pipes and fittings. EPS is Rs 9.24. PE is 29.75x, ROE 4.45 percent, D/E 0.09.
Astral vs Prince Pipes and Fittings: Latest Results
The Astral vs Prince Pipes and Fittings results for Astral: Astral has a market cap of Rs 38,686 Cr and PE of 72.36x. ROE is 13.18 percent. Astral is 12.7 times larger than Prince Pipes – a very large size gap. Astral commands a structural premium as India’s CPVC category creator.
The Astral vs Prince Pipes and Fittings results for Prince Pipes and Fittings: Prince Pipes has a market cap of Rs 3,039 Cr and PE of 29.75x. ROE is 4.45 percent – very low. Prince Pipes is cheaper on PE but has a thin ROE reflecting pricing pressure and competition.
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Astral vs Prince Pipes and Fittings: Stock and Valuation
The Astral vs Prince Pipes and Fittings stock comparison uses the latest available market data from Groww. Investors tracking Astral vs Prince Pipes and Fittings should verify current prices on NSE or BSE before trading.
Astral vs Prince Pipes at current valuations: Astral trades at Rs 38,686 Cr market cap, PE 72.36x, ROE 13.18 percent. Prince Pipes trades at Rs 3,039 Cr market cap, PE 29.75x, ROE 4.45 percent. Astral is far larger and has a much higher ROE. Prince Pipes is cheaper on PE but struggles with low margins.
Astral vs Prince Pipes and Fittings: Quick Comparison Table
The Astral vs Prince Pipes and Fittings comparison table below summarises the key metrics covered in this article side by side.
| Parameter | Astral | Prince Pipes and Fittings |
|---|---|---|
| Sector | CPVC pipes + adhesives + sanitary (market creator) | CPVC + uPVC + HDPE + PPR pipes (challenger) |
| Market Cap | Rs 38,686 Cr | Rs 3,039 Cr |
| P/E Ratio | 72.36x | 29.75x |
| ROE | 13.18% | 4.45% (thin) |
| Debt to Equity | 0.06 | 0.09 |
| Technical Partner | Lubrizol (CPVC compound partner) | Own product development |
| Dividend | 0.17% yield | 0.36% yield |
Conclusion
The Astral vs Prince Pipes and Fittings comparison above covers the key data points on reach, products, results and valuation. Astral vs Prince Pipes covers the CPVC pipe category creator versus a mid-size challenger. Astral has a structural brand moat from pioneering CPVC plumbing in India with Lubrizol. Prince Pipes has a diversified product mix across pipe types and a value-focused distribution strategy. Astral vs Prince Pipes investors should review CPVC resin prices, housing construction volumes, Astral’s adhesives and sanitary growth, and Prince Pipes’ margin recovery. Astral vs Prince Pipes are pipe sector investments at very different scale – consult a SEBI-registered advisor for personalised guidance.
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Disclaimer: Data and figures in this article are sourced from publicly available information, including company results filings and exchange data, and are current as of the time of writing. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is Astral known for?
Ans. Astral (formerly Astral Poly Technik) is known for pioneering CPVC (Chlorinated Polyvinyl Chloride) hot and cold water plumbing pipes in India, in partnership with Lubrizol. It is India’s leading CPVC pipe brand.
What does Prince Pipes sell?
Ans. Prince Pipes and Fittings makes CPVC, uPVC, HDPE and PPR pipes for plumbing, sewage and water infrastructure. It serves residential builders, infrastructure contractors and rural water supply projects.
What is CPVC?
Ans. CPVC (Chlorinated Polyvinyl Chloride) is a thermoplastic pipe material suitable for hot and cold potable water supply. It replaces traditional metallic pipes and is increasingly used in Indian residential construction.
Why is Astral so much more expensive on PE than Prince Pipes?
Ans. Astral commands a premium PE for its CPVC brand leadership, early-mover advantage, high ROE and diversification into adhesives and sanitary ware. Prince Pipes has thin margins and lower brand recall.
Are Astral and Prince Pipes in Nifty 50?
Ans. Neither is in Nifty 50. Astral is tracked in Nifty 100 and Nifty 500 indices. Prince Pipes is in Nifty 500.
Which is larger, Astral or Prince Pipes?
Ans. Astral at Rs 38,686 Cr is approximately 12.7 times larger than Prince Pipes at Rs 3,039 Cr.
Does Astral make adhesives?
Ans. Yes. Astral has a significant adhesives and sealants business (through the brand Seal-It and Bondtite) alongside its piping business.